South Dakota
Title 47 · Chapter 47-10
24 entries
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47-10-1. Purposes of corporations.
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47-10-2. Powers of corporations.
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47-10-3. Borrowing--Pledging security for borrowings.
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47-10-4. Lending--Competition with lending institutions prohibited.
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47-10-5. Terms and conditions of loans.
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47-10-6. Purchase and sale of property.
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47-10-7. Promotion of local development corporations.
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47-10-8. Participation in federal programs.
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47-10-9. Lending--Duty to give first opportunity to lending institution.
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47-10-10. Incorporators.
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47-10-11. Directors--Number and term of office.
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47-10-12. Capitalization--Minimum capital before commencing business.
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47-10-13. Accumulation of surplus--Use of surplus.
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47-10-14. Persons authorized to hold common stock.
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47-10-15. First annual meeting--Conditions--Subsequent annual meetings.
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47-10-16. Classes of members--Stockholder members--Nonstockholder members.
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47-10-17. Nonstockholder members--Establishment of line of credit.
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47-10-18. Nonstockholder members--Duty to lend.
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47-10-19. Nonstockholder members--Right to withdraw--Conditions.
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47-10-20. Nonstockholder members--Liability for debts.
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47-10-21. Nonstockholder members--Right to share in surplus.
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47-10-22. Nonstockholder members--Payment before dissolution of corporation.
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47-10-23. Legal investments.
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47-10-24. Applicability of other laws.